Once a Social Media Star, Digg Sells for $500,000 — Digg Inc., a social-media pioneer once valued at more than $160 million, is selling for the deeply discounted price of about $500,000, three people familiar with the matter said. — The buyer is New York technology development firm Betaworks …

Betaworks Buys Digg Assets and John Borthwick Becomes CEO — The remaining assets of social news aggregator Digg — its site and brand — are being sold to Betaworks, the New York-based technology studio. Betaworks CEO John Borthwick will become CEO of the new Digg. — Outgoing Digg CEO Matt Williams

Betaworks Buys What's Left of Social News Site Digg — For a while, Digg, the social news site, was one of the hottest things on the Web. But then it fell on hard times as services like Twitter and Facebook emerged and captured the Web's attention. — Digg's founders fled to greener pastures …

Romney camp: Globe story ‘inaccurate’ — The Mitt Romney campaign is pushing back against today's Boston Globe report which found that, according to SEC filings, Romney served as CEO at Bain Capital until 2002, despite saying that he left in 1999. — “The article is not accurate,” …

The End of TV and the Death of the Cable Bundle — People have been predicting the demise of cable television for years. After this week, they might be right. — Two small pieces of news yesterday could make for a big headache for TV. — First, Viacom yanked its 19 channels …

Publishers' Online Headache — With mobile devices, magazines have more ways than ever to distribute their content—and more ways of getting ripped off. — Like the music and movie businesses before them, magazines are getting their own taste of piracy with the spread of tablets and handheld mobile devices.

Bush House ceases BBC broadcasts after 71 years — World Service is relocating its remaining language services as part of a merger with the rest of BBC News — Seventy-one years of continuous broadcasting from Britain to the world from Bush House in central London has come to an end …

Barry Diller making trouble for broadcasters — Barry Diller has reason to smile. — Barry Diller still likes to play the role of disruptor. — From his early days as a pioneering programmer who struck gold making movies for television to being the architect of the Fox network …

MPs to question BBC executives over high-paid staff — Celebrity presenters' wage packets to come under spotlight during investigation into alleged tax avoidance — The pay and tax affairs of BBC presenters will be scrutinised by MPs next week when senior executives from the corporation …

Has Nick Denton really reinvented comments? — Gawker Media and founder Nick Denton got a lot of attention earlier this year, including some from us at GigaOM, when the blog network launched a new commenting system called Kinja. At the time, Denton said he had grown dissatisfied with the state …

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